Colbond set to up prices January 1, <br>company makes synthetics for carpet
Citing "unfortunate situations affecting the world's oil and energy supply," the synthetic material maker Colbond, said it plans to raise prices beginning the first of next year. As has been the case with other companies making similar price adjustments, Colbond said the move is the result of rising raw material, energy, and transportation costs. The company, whose products include high-grade backing for carpet, is headquartered in Arnhem, the Netherlands, and operates production facilities and sales offices throughout the world, including one in Asheville, N.C. A company spokesperson declined to specify the amount of the price hike.